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RootHodl /
npub1w2q…d04k
2023-10-30 20:34:51

RootHodl on Nostr: Why does one incur a gain on an asset when selling it for a higher dollar value when ...

Why does one incur a gain on an asset when selling it for a higher dollar value when the purchasing power of those dollars is actually net negative to the purchase price of the asset? Capital gains tax being nominal seems kinda scamy.
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npub1w2qxmzrk4hcc7pqpgtjayxpcclmdxrllhryy82k9du2k2675693qrgd04k